Despite changing interest rate expectations and market volatility surrounding the midterm elections, big bank execs remain optimistic about the economy heading into 2027, S&P Global Market Intelligence reported. They pointed to steady credit performance, stable deposit trends, and opportunities for earnings growth.
Another S&P post noted that U.S. bank stocks outperformed the broader market in October, with a median return of 3.6% among 205 banks analyzed. The median bank valuation rose to 161% of adjusted tangible book value, up from 151.2% at the end of September and near its 2026 high.
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